What is the next target of GBP/USD for today ?
GBP/USD Technical Analysis: Nov 16th 2012 by MBCFX.com
GBP/USD Technical Analysis: Nov 16th 2012 by MBCFX.com
The GBP started retreating against the US Dollar after forming the Bearish Butterfly Pattern, and we expect that it will continue its
de
crease to reach the next expected target of 1.5830 level, then to the Moving Average 200 at the 1.5743 level.
As for the key resistance level, it lays at 1.5915
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As for the key resistance level, it lays at 1.5915
For further Technical and Fundamental analysis please register on:
http://www.mbcfx.com/democontactenglish.html
